Legalization of Bitcoin in many countries has proven to be a very hot topic since there are countries which viewed Bitcoin as a threat since the currency is decentralized, not backed by anything and is gaining a strong following and use in such a short period of time. Bitcoin has become a phenomenon which caught many by surprise.
Perceived as threat, there are some government authorities who are proposing to regulate the cryptocurrency but as a compromise make it legal. It is as if they want a give and take kind of game.
Should we allow to get into the compromise as long as Bitcoin can be legal or should we make a strong stand against this scenario?
Over here currently, its not anywhere close to what we could refer to the bolded part because it seems people are either shying away or dont know about bitcoin. But either, way its a discussion that would happen whether we like it or not sooner or later but at the same time, if government cannot stop bitcoin and we all wont want it to be declared illegal since it would come with punishment for anyone who do otherwise, then I guess we only have one option left which is to go with bitcoin being regulated and perform our activities within the framework established by the law of the land.